The article discusses the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) and its potential implications. Ripple CTO David Schwartz explains that the SEC can appeal adverse rulings in the case, which could potentially extend the proceedings well into 2025. The article also speculates that the outcome of the 2024 US Presidential Election and the appointment of a new SEC Chair could impact the SEC’s position in the case. The article also provides an update on the price and technical analysis of XRP.
AI Sentiment: Negative
